Relating to the funding mechanism for the regulation of workers' compensation and workers' compensation insurance; authorizing surcharges.

HB 4483 establishes a funding mechanism for regulating workers' compensation insurance in Texas by authorizing annual surcharges on workers' compensation insurance policies. The bill requires the Texas Department of Insurance (TDI) to set these surcharge rates each year and notify the state comptroller 45 days before payment deadlines. These surcharges will fund TDI's regulatory operations related to workers' compensation insurance. The bill does not alter workers' compensation benefits or insurance requirements, only the process for collecting and managing regulatory fees.